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NIGERIAN President Bola Tinubu has disclosed a significant investment of US$600 million from AP Moller-Maersk aimed at enhancing Nigeria’s port infrastructure and facilitating additional container shipping services within Nigerian ports, reports London’s Port Technology.
maersk chairman Robert Maersk Uggla announced the decision on April 28 during a meeting with President Tinubu at the World Economic Forum Special Meeting on Global Collaboration, Growth, and Energy for Development in Riyadh.
President Tinubu emphasized that this investment will complement the administration’s ongoing $1 billion initiative to revamp Nigeria’s eastern and western seaports.
Furthermore, Tinubu affirmed his administration’s commitment to supporting the modernization of the country’s ports and the automation of port processes by implementing the national single window project.
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